On Wednesday, the Federal Reserve implemented another interest rate hike. The Chancer token sale continued this week, raising more than $1 million. Cryptocurrency prices reacted modestly to the Fed’s latest rate decision. Bitcoin remained stuck just under the key $30,000 level, even as the Dow Jones extended an impressive rally. The index has climbed for … Read more
BitMEX co-founder Arthur Hayes is reported to have repurchased 33,978 HYPE tokens, valued at approximately $2.09 million, according to blockchain tracker Lookonchain. The platform linked the purchase to a wallet associated with Hayes, which withdrew the tokens from Bybit during Asian trading hours on Monday. The reported buyback comes just four days after Hayes stated … Read more
The cryptocurrency market pulled back after a strong weekend, with further losses possible The cryptocurrency market retreated yesterday following a robust rally over the past several days. Bitcoin (BTC) and other leading cryptocurrencies registered losses in the last 24 hours. After climbing above $47,000, BTC fell about 3.6% and now trades near the $45,000 area. … Read more
Ripple’s cross-border token fell 14% over the past week, even as the company continues to notch significant wins in global expansion and form important partnerships. Bitcoin (BTC) also experienced a major decline, with several prominent analysts warning of potential further drops, while Cardano’s native token (ADA) slumped to its lowest level since 2020. XRP Price … Read more
The project confirmed the acquisition and lock of 609,000 tokens today. Its total buybacks for November exceed 3 million AERO. The altcoin’s performance reflects broader market advantages. Despite widespread uncertainty across the crypto landscape, Aerodrome Finance has shown continued commitment to supporting and strengthening its native ecosystem, AERO. The project announced on X a substantial … Read more
The past week has been brutal in the cryptocurrency markets, with Bitcoin plunging to $59,000 on Friday — its lowest level in 19 months. Over roughly three weeks, Bitcoin lost more than $20,000 in value, and that collapse dragged down almost every major altcoin, amplifying pressure on large corporate holders. Analysts at Lookonchain have published … Read more
Arbitrum (ARB) and PEPE came under sell pressure, declining by 9.53% and 25.65% respectively. Memeinator’s MMTR is gaining traction, offering novel utility and potential market dominance. MMTR’s token price in the final presale phase was $0.0292, attracting investor interest. The cryptocurrency market has experienced notable turbulence in recent days, with prominent tokens such as Arbitrum … Read more
XRP remains under pressure on higher timeframes after extending its decline within a broad descending channel. However, the asset is now attempting to stabilize above a key support area while showing early signs of recovery against Bitcoin. The coming sessions will be important in determining whether XRP can form a meaningful bottom or continue its … Read more
Antoni Trenchev says the Fed is likely to be less aggressive than anticipated, and “cheap money” will probably continue to flow into cryptocurrencies. Antoni Trenchev, co-founder of Nexo, expects 2022 to be a challenging year for Bitcoin and the broader cryptocurrency market. At the same time, he believes that the availability of “easy money” will … Read more
Ethereum (ETH) has given back nearly all of the gains it posted earlier this month after renewed selling pressure swept across the market. A fresh weekly sell signal has also raised concerns that another sharp corrective phase, similar to prior declines, may be developing for the second-largest cryptocurrency. Three Major ETH Downside Targets Crypto analyst … Read more